The Democrats’ Leviathan Is on the Loose

By Lawrence Kudlow September 9, 2021

 

The reckless budget reconciliation plan under discussion in Congress gets more newsworthy with every day that passes. Passage of this $5 trillion monstrosity — it makes Hobbes’ “Leviathan” look like a church mouse — would inflict great damage on the economy through massive spending.

It lacks workfare, it levies across the board tax penalties on productive workers, puts up huge, new regulatory obstacles. It includes a Green New Deal that would jack up the price of power and severely curtail the supply of it. It sneakily attempts to avoid reconciliation rules by inserting amnesty for illegals, unionization, and the Pro Act to make it easier to organize labor.

It would federalize elections, and who knows what in a 10,000 page bill that no human being will read for months and months after it’s passed.  Now it turns out that I may not be alone in my objections.......

Oh, and by the way, what about the debt limit and a continuing resolution that’s coming at month’s end. The Leviathan is on the loose. So heck, yeah, I’m for the pause. A shredder is better but a pause suits me as a start................To Read More.....